For Sale by Set Date Sale - Offers Close 2nd December 2022This a fantastic opportunity to acquire an outstanding investment property securely leased to a strong tenant.The location speaks for itself being situated on a prime corner.10 year lease2x5 year optionsAnnual rent $185,050 paAnnual fixed rent increases of 3.5%paThe quality of an investment property can be judged by the length of the lease and the strength of the tenant. This outstanding opportunity has a 10 year lease and Craveable Brands as the ultimate tenant.Craveable Brands is a franchisor that owns three iconic Australian food brands : Red Rooster, Oporto and Chicken Treat and operates 580 restaurants, employs a work force of 12,500 people and serves over 1 million customers per week.Craveable Brands is a subsidiary of Hong Kong private equity company PAG Asia Capital with $50 billion worth of assets under management.For more information please contact the exclusive selling agent Wayne Chorley.
The size of Kalamunda is approximately 10.6 square kilometres. It has 13 parks covering nearly 23.9% of total area. The population of Kalamunda in 2016 was 6970 people. By 2021 the population was 7163 showing a population growth of 2.8% in the area during that time. The predominant age group in Kalamunda is 50-59 years. Households in Kalamunda are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kalamunda work in a professional occupation.In 2021, 83.00% of the homes in Kalamunda were owner-occupied compared with 82.30% in 2016.
Kalamunda has 3,690 properties. Over the last 5 years, Houses in Kalamunda have seen a 86.33% increase in median value, while Units have seen a 116.77% increase. As at 30 April 2026:
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